Monday, November 16, 2020

NBFCs lose car loan market share on rate war by PSBs

NBFCs have lost market share to PSU banks, which have become more aggressive. According to M Ramaswamy, chief financial officer at Sundaram Finance, banks are flush with liquidity and can bring down rates.

from Banking/Finance-Industry-Economic Times https://ift.tt/3pLrDy2

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